{i} act of reducing the size of, bringing something down to a smaller scale; lowering expenses, taking various measures to cut costs in order to stabilize the financial situation of a corporation (e.g. manufacturing in smaller amounts, reducing number of employees, etc.)
Movement in Corporate America to reduce costs and become more competitive; reducing headcount to lower fixed costs
The intentional reduction of workforce size with the goal of improving organizational efficiency or effectiveness (15)
marginally better than RIGHTSIZING, but still a euphemism for cutting staff Probably somewhat more palatable than organisational re-engineering
An integrated approach to configuring processes, products and people in order to match costs to the activities that need to be performed for operating effectively and efficiently
Changing an organisation's IT systems from mainframe/minicomputer systems to client/server or PC-based systems
A reduction in the staffing requirements of businesses which can follow after privatisation for a variety of reasons such as competitive pressures or the need to increase the profitability of the business by cutting costs
The intentional reduction of workforce size with the goal of improving organizational efficiency or effectiveness
a reduction in the number of an organizations personnel Some downsizing may occur through attrition, while others take place more aggressively through layoffs and terminations
This is when a company reduces its workforce due to the impact of technological changes, changes in government policies or reduced demand of product and services